HAMILTON BEACH BRANDS HOLDING COMPANY DECLARES QUARTERLY DIVIDEND

Rhea-AI Summary

Hamilton Beach Brands Holding Company (NYSE: HBB) announced a cash dividend of $0.105 per share, effective for both Class A and Class B Common Stock. The dividend will be paid on March 15, 2023, to stockholders on record as of March 3, 2023. This distribution reflects the company's commitment to returning value to its shareholders, reinforcing investor confidence.

Positive

• Declared a cash dividend of $0.105 per share.
• Dividend payment scheduled for March 15, 2023.

Negative

• None.

News Market Reaction

+0.55%

1 alert

+0.55% News Effect

On the day this news was published, HBB gained 0.55%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

GLEN ALLEN, Va., Feb. 21, 2023 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) today announced that the Board of Directors declared a regular cash dividend of $0.105 per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid March 15, 2023, to stockholders of record at the close of business on March 3, 2023. 

About Hamilton Beach Brands Holding Company

Hamilton Beach Brands Holding Company operates through its wholly owned subsidiary Hamilton Beach Brands, Inc., a leading designer, marketer, and distributor of a wide range of branded small electric household and specialty housewares appliances, as well as commercial products for restaurants, fast food chains, bars, and hotels. The Company's owned consumer brands include Hamilton Beach^®, Proctor Silex^®, Hamilton Beach Professional^®, Weston^®, TrueAir^®, Brightline^® and Hamilton Beach Health^®. The Company's owned commercial brands include Hamilton Beach Commercial^® and Proctor Silex Commercial^®. Hamilton Beach Brands licenses the brands for Wolf Gourmet^® countertop appliances, CHI^® premium garment care products, Clorox^® air purifiers, and Brita^® countertop water appliances. Through exclusive multiyear agreements, Hamilton Beach Brands designs, sells, markets and distributes the Bartesian® premium cocktail delivery system and the Smart Sharps Bin^® from Hamilton Beach Health^® powered by HealthBeacon^®. For more information about Hamilton Beach Brands Holding Company, visit hamiltonbeachbrands.com.

 

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SOURCE Hamilton Beach Brands Holding Company

FAQ

What is the dividend amount declared by HBB?

Hamilton Beach Brands Holding Company declared a dividend of $0.105 per share.

When will HBB's dividend be paid?

The dividend will be paid on March 15, 2023.

Who is eligible for HBB's dividend payment?

Stockholders of record at the close of business on March 3, 2023, are eligible.

What types of stock receive the dividend from HBB?

Both Class A and Class B Common Stock are eligible for the dividend payment.